CNET: The Computer Network (NASDAQ:CNET) Message Board

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Technology Stocks : CNET: The Computer Network (NASDAQ:CNET)

CNET 1.210

-22.9%

Nov 21 3:31 PM EST

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To: keta who wrote (375)	2/3/1999 3:53:00 PM
From: AJ Berger	Read Replies (1) of 1133

CNWK has always been a difficult stock for me I've watched from the sidelines as the stock has quadrupled, but I must tell you, I seldom see rhyme or reason for most of it. If I were the buy and hold type, I would have gotten some shares a long time ago, but as an event trader, I just don't know how to read this stock. I'm happy for all longs here, but am often mystified as to this stocks behavior, so I just like to watch. I can only assume that todays news has to do with them going much more in the E-Commerce direction, which remains a hot button issue for investors. Also the overall spectre of NBC gobbling up CNWK remains, and keeps most from taking profits anywhere, so you can have days like this where the stock can move on relatively little volume because no one sells.

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